24, BALMORAL WAY, HOLBEACH, SPALDING, PE12 7RP - £395,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

24 BALMORAL WAY is a large extended detached house of 127m², built sometime between 1996 and 2002. It was last sold for £395,000 in August 2022, which was around 32% above the average August 2022 detached price in the South Holland local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

24 BALMORAL WAY Sold Prices

Land registry data shows three sales for 24 BALMORAL WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the three 24 BALMORAL WAY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 22 AUG	£395,000	£299,678	32% above HPI
2005 1 APR	£224,950	£173,590	30% above HPI
2001 14 JUN	£145,000	£94,728	53% above HPI

24 BALMORAL WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The three 24 BALMORAL WAY sales between June 2001 and August 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2005 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the August 2022 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 24 BALMORAL WAY?

24 BALMORAL WAY is 127m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 30% of detached houses in Holbeach, based on EPC data. The below chart shows the distribution of detached houses by size in Holbeach, and where 24 BALMORAL WAY lies on this distribution: 78% of detached houses are smaller than 24 BALMORAL WAY, and 22% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

24 BALMORAL WAY: Plot and Title Map

24 BALMORAL WAY sits on a plot of roughly 0.216 of an acre, or 875m². The below map shows the location of 24 BALMORAL WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 24 BALMORAL WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 24 BALMORAL WAY?

24 BALMORAL WAY is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 24 on BALMORAL WAY.